Great Recession

Great Recession

English

Proper noun

the Great Recession

1. The worldwide general economic decline towards the end of the first decade of the 21st century.
   • 2011 July 25, Don Peck, “Can the Middle Class Be Saved?”, in The Atlantic‎:

     Income inequality usually shrinks during a recession, but in the Great Recession, it didn’t. From 2007 to 2009, the most-recent years for which data are available, it widened a little. […] It’s hard to miss just how unevenly the Great Recession has affected different classes of people in different places.

   • 2020 August 7, Kurt Andersen, “College-Educated Professionals Are Capitalism’s Useful Idiots”, in The Atlantic‎:

     This was before the financial crash, before the Great Recession. The amazing real-estate bubble had not yet popped, and the economy was still apparently rocking.

   • 2022 April 28, Farhad Manjoo, “Is Elon Musk Really That Bad?”, in The New York Times‎, ISSN 0362-4331:

     But starting a rocket company is what Musk did — and, after also pouring money into another money-burning venture, Tesla, Musk came very close to losing it all after the Great Recession.

Translations

worldwide economic decline

Catalan: please add this translation if you can French: please add this translation if you can German: Weltfinanzkrise f Hindi: भयंकर मंदी f (bhayaṅkar mandī) Italian: grande recessione f Spanish: crisis económica de 2008-2015 f Swedish: stora recessionen c Vietnamese: Đại suy thoái

See also

• Great Depression

References

• “The Great Recession”, in (please provide the title of the work)‎, The State of Working America, accessed June 19, 2015, archived from the original on 2015-04-26
• “The Great Recession”, in Investopedia‎, accessed June 19, 2015, archived from the original on 2015-04-13